Metals, mining and money markets

Spot prices
Courtesy of Scotiabank
Tuesday, September 3, 2013
Precious Metals	Price (US$/oz.)	Change
Gold	$1,373.00	-18.25
Silver	$23.32	-0.89
Platinum	$1,477.00	-46
Palladium	$689.00	-30

Base Metals	Price (US$/tonne)	Change
Nickel	$13,690.00	-219
Lead	$2,134.00	-14
Copper	$7,166.00	-30
Zinc	$1,876.25	-9.25

LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, September 9, 2013 (change from September 2, 2013 in brackets):
Aluminium Alloy	65400	(-300)
Aluminium	5375450	(-17025)
Copper	600275	(+10525)
Lead	183400	(-1750)
Nickel	215538	(+2160)
Tin	14685	(-300)
Zinc	984475	(-15725)

Producer and dealer prices

Antimony FOB China: Mid-mkt US$10,600.00/t
Bismuth: Mid-mkt US$8.70/lb.
Cadmium 99.9: Mid-mkt US$0.95/lb.
Coal: CME Group Central Appalachian Coal Futures
Oct. 2013: US$51.19; Nov. 2013: US$51.19
Cobalt 99.8: US$14.50/lb.
Copper: Comex Copper Futures Oct. 2013: US$3.27/lb.; Comex Nov. 2013: $3.26/lb.
Germanium: US$1,850/kg.
Indium: NY Dealer Mid-mkt US$680.00/kg.
Iridium: Mid-mkt US$796.74/tr. oz.
Magnesium FOB China: Mid-mkt US$2,850.00/t.
Manganese FOB China: Mid-mkt US$2,200.00/t.
Molybdenum Oxide: US$9.75/lb.
Rhodium: Mid-mkt US$1,010.00/tr. oz.
Ruthenium: Mid-mkt US$73.17/tr. oz.
Selenium: Mid-mkt US$31.00/lb.
Silver: Base: US$23.14; Fabricated: US$27.76; Sterling: US$21.46
Tungsten: APT Tungstate FOB China mid-mkt: US$415.00 per mtu
Uranium: U3O8, Trade Tech spot price: US$34.10/lb.; Uranium Exchange Co. spot price: US$34.00/lb.
Ferrovanadium: US$24.50/kg; Vanadium-Pentoxide: US$6.00/lb.
Prices current Sept. 11, 2013

Daily metal prices
Date	9-Sep	6-Sep	5-Sep	4-Sep	3-Sep
BASE METALS	(London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Al Alloy	1765/1810	1794/1835	1755/1795	1750/1790	1745/1785
Aluminum	1766.50/1816	1780/1828.50	1753.50/1798.50	1744/1795	1772.50/1819
Copper	7191/7224	7170/7198	7101/7131.50	7124.50/7159.50	7183/7214.50
Lead	2134/2156	2150/2164.50	2121.50/2135	2120/2127	2151/2166
Nickel	13815/13890	13895/13970	13650/13680	13535/13620	13630/13730
Tin	23175/23125	22575/22700	22350/22295	21750/21600	21270/21200
Zinc	1845/1888.50	1868/1903	1839.50/1879	1838/1877	1867.50/1905
PRECIOUS METAL PRICES (London fix, US$ per troy oz.)
Gold AM	1386	1368.25	1391.75	1403.75	1391.25
Gold PM	1390	1387	1385	1390	1399.5
Silver	23.64	23.05	23.52	23.71	24.21
Platinum	1490	1498	1487	1496	1529
Palladium	694	699	689	699	724

Exchange rates
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Date	2-Sep	30-Aug	29-Aug	28-Aug	27-Aug
US$ in C$	0.9647	0.9625	0.9524	0.954	0.9494
C$ in US$	1.0366	1.039	1.05	1.0482	1.0533
EXCHANGE RATES (Bank of Canada, Sept 9, 2013)
Currency	Aus $	Euro	Japan	Mex P	SA Rand	UK £
In C$	0.9571	1.3744	0.01041	0.07882	0.1039	1.6298
In US$	0.9233	1.3259	0.01004	0.07604	0.1002	1.5723

Canadian gold mutual funds
Fund name	Sept. 9	Sept. 3	Change	Change	YTD	MER*	Assets*
	($)	($)	($)	(%)	(%)	(%)	(M$)
AGF Pr Mtl	20.41	20.9	-5.67	-27.1	-31.16	2.56	698.9
Altamira Pr & Str Mtl	10.36	10.7	-5.71	-53.4	-29.67	2.35	83.5
BMO Junior Gold Index ETF	8.68	8.94	-2.78	4.3	-38.5	0.58	108.4
BMO Pr Mtl	15.8	16.28	-2.75	-16.9	-29.71	2.29	133.6
CIBC Pr Mtl	10.98	11.21	-4.62	-41.2	-35.28	2.4	141.8
Dynamic Can Pr Mtl	7.43	7.59	-6.43	-84.7	-41.73	1.65	811.6
London Life Pr Mtl (MX)	21.81	22.18	-8.38	-37.8	-35.6	3.37	259.2
Mackenzie Un Pr Mtl C$	10.73	10.73	-7.63	-71.1	-33.42	2.44	569.9
Middlefield Precious Metals	7.35	7.64	-12.38	-162	-38.23	2.48	8.5
Quadrus Mack Un Pr Mtl	27.28	28.13	-7.72	-27.4	-31.48	2.7	66.7
RBC Global Pr Mtl	32.46	33.4	-3.19	-9.6	-39.04	2.04	1380.4
Sentry Pr Mtl Growth	30.98	31.76	2.76	8.7	-37.24	2.75	731.5
Sprott Gold and Pr Minls	33	33.81	-11.45	-33.9	-36.84	2.84	854
Sprott Gold and Pr Minls F	33.27	34.04	-10.69	-31.4	-30.98	1.78	n/a
TD Pr Mtl	7.02	7.19	-7.05	-98.1	-31.07	2.15	313.9
TD Pr Mtl-A	12.35	12.35	-7.18	-58.1	-35.51	2.31	n/a
iShares Can Gold Sector Index	12.06	12.43	-5.17	-41.6	-35.61	0.55	1063.3
Featured fund: iShares Global Gold Index top holdings as of 06/3/13 (in weighted order): Goldcorp, Barrick Gold, Newmont Mining, Yamana Gold, Randgold Resources, Kinross Gold, AngloGold Ashanti, Franco-Nevada, Agnico Eagle Mines, Eldorado Gold.

North American stock exchange indices
						52-week
Date	9-Sep	6-Sep	5-Sep	4-Sep	3-Sep	High	Low
TSX Composite	12854.64	12820.92	12845.06	12757.81	12740.5	12904.71	11759.04
S&P/TSX-Ven Comp	951.94	954.92	947.78	947.18	941.58	1349.32	859.31
S&P TSX 60	739.98	738.07	740.39	734.52	733.8	743.17	672.36
Global Gold	193.06	195.48	193.97	200.32	200.73	355.92	154
TSX Metals & Mining	820.03	799.22	790.74	785.96	784.46	1050.76	662.2
Gold & Silver XAU	102.19	103.01	101.25	104.75	104.69	196.71	82.29
Amex Gold Bugs	251.55	253.81	249.09	257.91	255.78	529.8	206.66

TSX short positions
Short positions outstanding at Aug. 31/13 (with changes from Aug. 15/13).
Largest short positions
Kinross Gold	K	79342952	-206016
Lundin Mining	LUN	65679443	-1726405
New Gold	NGD	52269126	-833178
Yamana Gold	YRI	37251448	6107451
Osisko Mining	OSK	36809473	-225935
Turquoise Hill	TRQ	30521680	943328
Eldorado Gold	ELD	29695435	13344378
Cameco	CCO	22019109	5916041
Tahoe Res.	THO	20783132	-22415
Thompson Creek	TCM	19188947	-474914
Iamgold	IMG	18259137	-9883273
Teck Resources	TCK.B	17124806	-529134
B2gold	BTO	17052946	2946547
Potash Corp.	POT	16428563	-5920350
Dundee Prec.	DPM	15057144	-520828
Largest increase in short position
Eldorado Gold	ELD	29695435	13344378
Yamana Gold	YRI	37251448	6107451
Cameco	CCO	22019109	5916041
B2gold	BTO	17052946	2946547
Allied Nevada	ANV	6143335	1690975
Largest decrease in short position
Iamgold	IMG	18259137	-9883273
Silver Wheaton	SLW	5059192	-6292900
Potash Corp.	POT	16428563	-5920350
First Quantum	FM	4673839	-5402385
Lundin Mining	LUN	65679443	-1726405

TSX Venture short positions
Short positions outstanding at Aug. 31/13 (with changes from Aug. 15/13).
Largest short positions
Fire River Gold	FAU	2917000	1889000
Brazilian Gold	BGC	1672300	1167300
Barkerville Gold	BGM	1295115	-439200
Kincora Copper	KCC	1285000	1285000
Great Western	GWG	836161	-114292
Eagle Hill	EAG	777300	777300
Aldrin Resource	ALN	708500	278500
Fancamp Explr.	FNC	610311	610000
Fission Uranium	FCU	603215	355500
Zenyatta Ventures	ZEN	562727	216892
Sirios Resources	SOI	491000	431000
Regulus Resources	REG	444000	-1721000
Pacific Potash	PP	430000	-1445000
Bellhaven Copper	BHV	366333	92733
Woulfe Mining	WOF	360000	360000
Largest increase in short position
Fire River Gold	FAU	2917000	1889000
Kincora Copper	KCC	1285000	1285000
Brazilian Gold	BGC	1672300	1167300
Eagle Hill	EAG	777300	777300
Fancamp Explr	FNC	610311	610000
Largest decrease in short position
Regulus Resources	REG	444000	-1721000
Pacific Potash	PP	430000	-1445000
Alpha Minerals	AMW	144097	-487500
Barkerville Gold	BGM	1295115	-439200
Caribou King	CKR	0	-400000